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Depends on the transaction costs really.

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papachango

901 Posts.

26/01/18

20:26

Post #: 30595243
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Originally posted by mitchyb ↑

I haven't seen any threads on this so i'll open one now. Does anyone here have any experience with crypto arbitrage?

I've crunched the numbers and there is a price difference between ETC on BTC markets and Binance by around $6-8, depending on the time of day. If you trade it in cycles could you make some good coin?

I was thinking of testing it out with $2000. Here is my plan, put $2000 into BTC markets and get 0.1 BTC, move it to Binance, use BTC to buy ETC and then turn ETC to AUD back in BTC markets. Do you think this is viable?

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Depends on the transaction costs really.
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